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GloryFinance and Korean Technology Venture Capital Sign a $3.5m Seed Round Investment Agreement. #venture #capital #VC #investing

GloryFinance and Korean Technology Venture Capital Sign a $3.5m Seed Round Investment Agreement.

#venture #capital #VC #investing

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FreeBnk, which revolutionized banking and commerce, will be IDO in Decubate. 🔥⚡ Are you ready to step into the future of finance? FreeBnk is here to redefine traditional banking by integrating cutting-edge blockchain technology. With a focus on digital innovation and customer convenience, FreeBnk offers a range of features designed to meet the needs of today's digital-savvy consumers and investors. 🔹FreeBnk Trade: Elevate your trading experience with global access across 150 countries. Benefit from unmatched exchange rates and tap into a vast network of over 300 DeFi & CeFi liquidity providers. 🔹FreeBnk Pay: Revolutionize your payment methods with low-fee solutions for both merchants and consumers. Enjoy easier, more efficient transactions with FreeBnk Pay. 🔹FreeBnk Safe: Experience unparalleled security with $30 million USD in insurance coverage against hacks and virtual attacks. Ensure your digital assets are securely transferred to your loved ones with innovative inheritance plans. ⚡ IDO Details on Decubate: 🔹Whitelisting Period: March 4th, 2024, 11:00 AM UTC - April 10th, 2024, 11:00 AM UTC 🔹Guaranteed Allocation Round: April 10th, 2024, 11 AM UTC (for 22 hours) 🔹First Come First Serve Round: April 11th, 2024, 9 AM UTC (for 1 hour) 🔹Total Allocation: $300,000 🔹TGE Protection: 2 Day Protection 🔹Vesting Schedule: 20% at TGE, 1 Month Cliff, 3 Months linear vesting 🔹Ticker: $FRBK 🔹Token Price: $0.015 🔹Chain: BSC #FreeBnk #FRBK #Decubate #DeFi #CeFi
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Solana's Influence Grows Over Pantera Capital's Crypto Fund Raise. 🆙💰 Pantera Capital's recent surge in its crypto fund by an impressive 66% during the first quarter of 2024 has caught the attention of many in the cryptocurrency space. A significant factor behind this remarkable growth has been the stellar performance of Solana, a blockchain platform that has been making waves with its speed, scalability, and vibrant ecosystem. Pantera Capital's Liquid Token Fund witnessed a remarkable increase in value, soaring to nearly $300 million. This surge can be largely attributed to a strategic pivot towards investments in Solana and other promising altcoins like Ribbon Finance, Aevo, and Stacks. Interestingly, while Bitcoin and Ethereum faced some challenges during this period, Pantera Capital's diversification strategy beyond these two giants proved to be highly rewarding. The decision to invest in Solana proved to be particularly fruitful, with Pantera Capital capitalizing on the opportunity to acquire SOL tokens at a significant discount from the distressed FTX exchange. Solana's price surged by an impressive 99% in the first quarter, reaching over $200 and making substantial contributions to Pantera Capital's fund growth. Solana's emergence as a hub for memecoins further fueled its ecosystem's growth, driving its average daily spot volume on decentralized exchanges up by a staggering 319% to $1.5 billion. Additionally, Solana-based projects raised a remarkable $89.2 million in the first quarter alone, signaling a promising trajectory for the platform's development and adoption. In summary, Solana's outstanding performance has significantly boosted Pantera Capital's crypto fund. By diversifying strategically and investing in promising projects beyond Bitcoin and Ethereum, Pantera Capital is set for continued success in the crypto landscape. Solana's ongoing innovation and growing attention solidify its position as a key player in the cryptocurrency space. #Solana⁩ #SOL #PanteraCapital #Funding #BullorBear
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Impact of Solana Network Difficulties on Price. ⁉️ Solana (SOL), a standout performer amidst the ongoing crypto bull run, finds itself grappling with persistent network challenges. Despite its impressive performance, recent network outages have cast a shadow over its trajectory. The root cause of these challenges primarily lies in the surge of on-chain activity, including transactions involving meme coins and decentralized exchanges (DEXes). Shockingly, up to 70% of non-voting transactions have failed in recent weeks, indicating a significant increase in transaction failures. Since the beginning of 2022, the network has weathered approximately six major outages and endured 15 days of partial or complete disruption. The most recent setback occurred in early February 2024, lasting over five hours, attributed to a bug in Solana’s Just-in-Time (JIT) compilation cache. 🔹Impact on SOL's Price and Future Trajectory Despite the network's turbulent performance, SOL has managed to maintain its price above $170, with a modest 2% gain in the last 24 hours. However, investor confidence remains fragile, with concerns looming over the network's reliability. Persistent congestion could potentially trigger negative sentiment and lead to a decline in SOL's price. Analysts emphasize the importance of SOL maintaining support above $184 to sustain its bullish run, with acceptable downside volatility wicking into $173. CoinCodex, leveraging artificial intelligence (AI), forecasts bullish sentiments for SOL in the short term, envisioning a surpassing of the $200 mark and trading around $230 by April 11. 🔹Current Status and Long-Term Outlook SOL is trading at $175, down over 10% for the week. The long-term effects of network congestion on its price are unclear, as SOL has shown resilience despite the outages. Solana's price depends on market sentiment and network solutions' effectiveness. Investors are cautious amid challenges, scrutinizing Solana's stability and its impact on SOL's price. #Solana⁩ #SOL #CoinCodex #DEXes
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Binance Trading Volume Reached a Record Level. 🔥⚡ Binance, the world's leading cryptocurrency exchange, has recently made headlines by achieving a remarkable milestone in spot trading volume. As of March 2024, the platform recorded a staggering $1.12 trillion in trading volume, marking its highest level since May 2021. This surge in trading activity harkens back to a period of significant growth in the crypto market, reflecting renewed interest and heightened participation, especially with Bitcoin reaching new record highs in recent weeks. Binance's dominance in the market is undeniable, with nearly half of all cryptocurrency transactions flowing through its platform. This underscores its pivotal role in the crypto ecosystem and reaffirms its position as a key player in the industry. Despite facing legal and regulatory challenges, Binance has demonstrated resilience, managing to regain investor trust and increase its market share. This is evident in the substantial uptick in trading volume, showcasing the platform's ability to thrive amid adversity. While the current surge in trading volume is noteworthy, it's essential to temper expectations. Past performance does not guarantee future results, and the current activity may not necessarily lead to a repeat of the price surges witnessed in 2021. Nonetheless, it does signal growing confidence and activity within the cryptocurrency space. As always, it's crucial for investors to exercise caution and conduct thorough research before making any investment decisions. This content serves as a snapshot of recent market developments and does not constitute investment advice. Individuals should seek guidance from financial professionals to ensure informed decision-making. Stay informed, stay cautious, and embrace the dynamic nature of the cryptocurrency market. #Binance #tradingvolume #crypto #cryptocurrency #BullorBear
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